There are 5 phases to the project life cycle (also called the 5 process groups)—initiating, planning, executing, monitoring/controlling, and closing. Each of these project phases represents a group of interrelated processes that must take place.
What is the pass rate for the PMP?
PMP Passing Rate (How many people pass the exam?) 40% of the surveyed project management experts opined that passing rate for PMP exam is less than 50%.
What are the 3 constraints of project management?
The three primary constraints that project managers should be familiar with are time, scope, and cost. These are frequently known as the triple constraints or the project management triangle.
What is a project life cycle?
A project management life cycle is a framework comprising a set of distinct high-level stages required to transform an idea of concept into reality in an orderly and efficient manner.
How many processes fall under monitoring and controlling?
Among the five process groups detailed in the manual is the “Monitoring and Controlling Process Group” which indicates key elements a savvy project manager should address when overseeing a project that is in its most active state.